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timber1956 why is it that those who are against a gold standard...

  1. cag
    153 Posts.
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    timber1956

    why is it that those who are against a gold standard always bang on about there not
    being enough gold to support it, there is enough gold if it is repriced upwards to reflect the increase in money supply, i.e. allow the price of gold to float freely by market forces rather than govts setting an arbitrary
    fixed price
 
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